Independent Bank Group Dividend
Dividend criteria checks 4/6
Independent Bank Group is a dividend paying company with a current yield of 3.86% that is well covered by earnings. Next payment date is on 16th May, 2024 with an ex-dividend date of 1st May, 2024.
Key information
3.9%
Dividend yield
60%
Payout ratio
| Industry average yield | 3.0% |
| Next dividend pay date | 16 May 24 |
| Ex dividend date | 01 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$2.53 |
| Dividend yield forecast in 3Y | 3.9% |
Recent dividend updates
Independent Bank Group (NASDAQ:IBTX) Is Paying Out A Dividend Of $0.38
Jul 30
Independent Bank Group (NASDAQ:IBTX) Is Paying Out A Dividend Of $0.38
Jan 27Recent updates
Independent Bank Group: Holding The Line For Now
Feb 24Earnings Miss: Independent Bank Group, Inc. Missed EPS By 20% And Analysts Are Revising Their Forecasts
Jan 25Independent Bank Group (NASDAQ:IBTX) Is Paying Out A Dividend Of $0.38
Jul 30Independent Bank Group (NASDAQ:IBTX) Is Paying Out A Dividend Of $0.38
Jan 27Independent Bank Group declares $0.38 dividend
Jul 25Does Independent Bank Group (NASDAQ:IBTX) Deserve A Spot On Your Watchlist?
Mar 28Analysts Are Updating Their Independent Bank Group, Inc. (NASDAQ:IBTX) Estimates After Its Full-Year Results
Jan 27With EPS Growth And More, Independent Bank Group (NASDAQ:IBTX) Is Interesting
Dec 09Independent Bank: Gearing Up For Continued Success
Aug 05Independent Bank increases dividend to $0.32
Apr 26Independent Bank declares $0.30 dividend
Feb 01Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: IBTX's dividends per share have been stable in the past 10 years.
Growing Dividend: IBTX's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Independent Bank Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (IBTX) | 3.9% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Banks) | 3.0% |
| Analyst forecast in 3 Years (IBTX) | 3.9% |
Notable Dividend: IBTX's dividend (3.86%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: IBTX's dividend (3.86%) is low compared to the top 25% of dividend payers in the US market (4.74%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.9%), IBTX's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.